Bitcoin BTC - Feb 10 Morning Update - Detailed Technical Analysis - Correction Target $4800-$5200
Correction Target - $4800-$5200
Correction Target Time Frame - Feb 18- Feb 24
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral to Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Long Term Target Prediction - Primary Wave 5, $50,000+ by 2020
We've now completed this 4th wave subwave correction and now have 1 wave down to go.
This is the wave 4 correction we've recently completed, which bounced off the 382 fib level, and hit a major resistance we couldn't break.
This is an example of how the corrective wave 5 can look, with target $4800-$5200
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1
If I've helped you, consider buying Luna and myself a beer
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
I have been following you for a while, and you are doing a great job by trying out different scenarios to offer us possibilities. By time everyone will realize TA is not really a prediction of feature but laying out all the possibilities that may happen depending on the possible outcomes. I hope you don't mind me telling you but sometimes i see you get frustrated by some people because of the ignorant comments they make. Stay positive man there are tons of people waiting you to tweet everyday. Keep your energy for the market and let haters be haters. Bear or bull market i wish you all the best
You're absolutely right. I'll be sure to incorporate alternative paths which is fair and makes sense. Very constructive and I respect that. Bless you
love your content. big fan on all channels. learning every day.
Wicked happy to see ya here
u da man was trying to sleep but i guess it'll be an all nighter
Guys Look at this.You will know reality
Sir @philakonecrypto you are much better than crap haejin
Haejin now its confirm that you copying analyst @salahuddin2004 .He using these candles patterns in his TA from long time and now you trying to copy him.First Haejin only use Elliot waves but now you copying every single TA method from @salahuddin2004 .I am happy for Haejin that you learn something from him.Because Haejin you are crap.Haejin you only know drawing lines & all yours TA failed.Everyone now look difference and you understand
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-update-08-02-2017
https://steemit.com/steem/@salahuddin2004/update-1-for-steem-target-usd10-70-prediction-3
https://steemit.com/xrb/@salahuddin2004/nano-xrb-prediction-58
Haejin charts have been terrible. When in a bear market the real stars shine
Shortterm i ALWAYS consider your toughts. Long Term i need another Guru! Thank you Phil and Luna!
Always good to have the best worlds. Bless you.
gonna drop some upvote right here, you are rock man. thanks for the amazing education and trade analysis!
UPVOTED!
That would be a great shorting opportunity but more importantly I would be very happy if the bottom is finally in.
Thank you for your support and resteem of my overview. Highly appreciated.
Always! Thank you. I'll be sure to check my feeds more often. Thank you for your support.
I can finally upvote you on Steemit!
I have a question for you, how did you remove your emotions from trading? I wince at every single jump. Thanks to your teaching, I was able to analyse wave 4 play by play too but in the end I actually lost money because of my emotions... looking back at my screenshots I could have easily doubled my money. It's not about the profit, but I want to become more confident in my TA and remove emotion from the equation. Any advice on that front :)?
Thanks again!
risk management removes our emotions. looking back lets us learn from out mistakes.
Really appreciate your content! I've learned so much about TA and Elliot Waves from you. It's incredibly helpful. Much respect.
Upvoted your videos I've watched. The least thing I can do. Thank you always:)